FEATURES/BENEFITS NEW— Describes the new market environment of the electric utility industry. Introduces changes in the electric utility industry structure, and describes how the restructuring will impact important aspects of power system analysis. NEW— Emphasizes computer application and design and reflects current industry practice. NEW— A computer-based design problem dealing with the calculations of transmission line parameters is introduced in Chapter 3 and continued in each successive chapter. Providing readers with the opportunity to apply the tools they encounter in each chapter. NEW— A new chapter on network matrices, their construction and manipulation. This chapter introduces efficient computational techniques to analyze large power systems. NEW— Many additional worked-out examples and problems —Includes several problems which can be solved using MATLAB. Giving the reader clear illustrations of key issues and provides them with methods to solve complex problems. Clearly stated objectives and explanation of material without sacrificing necessary rigor and understanding..